Getting a little excited aren't we? :) A fall was inevitable. How far? who knows. I will be abstaining until I see a big enough fall to correct the imbalance in SP. Charts suggest broken trend(not that I necessarily take that as a certainty). European(not just Greece), Chinese concerns represent a big problem in my opinion. Australian housing bubble about to pop, and real unemployment statistics are weighing significantly on many people, and corporate entities in Australia and Internationally.
In short, we are in for a big slow down. Not a great time for investment in the share market, and specifically commodity stocks. PNA is a great co, and I will buy again. Just not until it bottoms out. Hope you all fair well in these rough times.
Miner.
PNA Price at posting:
$3.26 Sentiment: None Disclosure: Not Held